Buy Crompton Greaves Consumer Electricls Ltd Target Rs. 467 - Religare Broking
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Derivative Ideas
CROMPTON FUT has added around 20% in open interest as fresh short build up was seen in it. Current chart pattern also indicates further down move in its price. We suggest selling CROMPTON OCT FUT as per below levels.
Strategy:- Sell CROMPTON OCT FUT@487-489, sloss at 498, trgt 467.
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